Cost Control Lead

Brunel

Al Khor and Al Thakhira

On-site

QAR 600,000 - 900,000

Full time

10 days ago
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Job summary

Brunel is seeking a cost control professional to manage and report cost data for multiple EPC contracts in the Oil & Gas sector in Qatar. You will steer a project team of Cost Engineers, standardize VOWD reporting, forecast updates, and manage change orders, trends and contingencies to keep expenditures aligned with budgets.

The role involves developing forecast costs, annual Work Plans and Budgets, and maintaining WBS/CBS structures while monitoring cost performance and advising on corrective

Qualifications

  • Eight years' experience in a related function, including four years in Oil & Gas.
  • Experience with Oil & Gas Companies, EPC contractors, subcontractors, vendors or service companies.
  • Knowledge in project business functions such as planning, cost control, forecasting, and reporting.
  • ERP systems and project management tools such as SAP or similar.

Responsibilities

  • Ensure cost data integrity across all EPC Contracts and report to Project Management on cost status and performance.
  • Direct project teams and guide Cost Engineers to standardize VOWD, forecasts, change orders, trends, contingency management and expenditures allocation.
  • Support funding packages submittals and recommend budget transfers to align with approved budgets.
  • Develop forecast cost estimates and annual Work Program and Budget considering scope and progress.
  • Develop and maintain WBS and CBS for onshore project across EPCs.
  • Monitor cost performance and propose corrective actions during project execution.
  • Provide guidance to Procurement and Contracts on WBS/CBS allocations and ensure proper approvals.
  • Develop inhouse cost reporting solutions for project cost management.

Education

Bachelor's degree in Business
Bachelor's degree in Accounting
Bachelor's degree in Engineering
Bachelor's degree in Project Management
Bachelor's degree in Supply Chain Management

Tools

SAP

Job description

Responsibilities

Ensure cost data integrity across all EPC Contracts and make sure cost information is accurately compiled and reported to Project Management to provide visibility on overall project cost status and performance.

Direct project team and provide guidance and expertise to Project Cost Engineers assigned to each one of the EPCs and ensure common understanding and standardized practice of cost control processes in terms of Value Of Work Done (VOWD) reporting, forecast updates, contractors' change orders, trend and contingency management and expenditures allocation.

Support the Business Division Manager and lead the financial input into Funding Packages submittals, e.g. Advance Commitments, Full Funding, Supplementary Funding whenever required and recommend budget transfers to ensure that all necessary funding is provided and Project Cost At Completion is aligned with approved budgets.

Development of Forecast cost estimates and preparation of annual Work Program and Budget taking full consideration of project scope, progress achieved and pending to complete scope.

Develop and maintain Work Breakdown Structure and Cost Breakdown Structure for the overall Onshore project consistent with project scope and reporting structures requirements across project EPCs.

Facilitate the monitoring of FEED and EPC Contractors and project's cost performance comparing to agreed control plans and recommends corrective plans as required during project execution.

Advise Head Project Controls and Project Leadership Team of any potential cost issues early enough to mitigate, provide guidance on corrective actions and measures to mitigate any adverse trends.

Follow up Project Commitments in line with approved budgets and ensure all change orders are duly submitted and subject to proper Management approval.

Provide guidance to Procurement and Contracts teams for commitments' WBS and CBS allocations.

Develop inhouse cost reporting solutions for managing Project Cost ensuring accuracy, integrity and consistency of data.

Provide support for EPC tenders technical evaluations during Pre-EPC phase by developing Tender Evaluation Plans, facilitating and coordinating technical evaluation process, developing Technical Bid Evaluation reports and getting required approvals from project management and Onshore committees.

Qualifications

Bachelor's degree in Business, Accounting, Commercial, Marketing, Sciences, Engineering, Project Management, Supply Chain Management, Law, Communication, Technologies, Mathematics, and Statistics.

Eight years' experience in business related function or discipline, including four years in the Oil & Gas Industry, and including 1 year experience in a supervisory or acting role, or oversight of contractor, subcontractors, service or vendor personnel.

Experience with Oil & Gas Companies, EPC contractors, subcontractors, vendors or service companies involved in the Oil and Gas Industry.

Knowledge in project business related function or discipline such as planning, scheduling, cost control, estimating, claim management, risk management, change management, procurement, pre- and post award contract management, actionable and informative reporting, support services, lessons learned, etc.

Previous experience on major projects, from an Owner's perspective, managing EPC Lump Sum Contracts, working with multi-lingual contract teams with large local subcontractors and mentoring Developees is required.

Experience required in working with ERP systems and Project Management systems such as SAP or any other O&G ERP.

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